US consumer spending will soften well into 2023

Consumption, a key engine of US growth, will weaken as higher inflation and rates weigh on disposable incomes and demand

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Recession talk will fuel US economic risks

US GDP contracted for a second straight quarter in April-June, fuelling debate over whether the economy is in recession

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Wider sovereign yield spreads due to higher inflation, rate hikes and Italy’s political crisis raise fragmentation risks

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Prosecutors in Lebanon and Europe are investigating alleged financial irregularities by the Central Bank governor

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Costa Rica’s tourism sector is still suffering the effects of the COVID-19 pandemic, but visitor numbers are rising

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Spiralling prices and falling remittances are a high-risk, possibly explosive mix for impoverished Kyrgyzstan

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Central Europe suffers interest rate ‘hiking fatigue’ despite widening external deficits

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Higher inflation and rates will raise the cost of living, deter consumption and investment and dampen global GDP growth

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The convergence of several crises threatens to undermine unity at a time when the EU needs it most

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Rising costs, labour shortages, regulatory changes and higher interest rates may end Poland’s decade-long housing boom

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